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March 29, 2012 19:23 ET NHS Health Solutions, Inc. Subsidiary Mineseeker Releases Its First Remarkable Images of Subsurface Targets
HILTON HEAD ISLAND, SC--(Marketwire - Mar 29, 2012) - NHS Health Solutions, Inc.'s (PINKSHEETS: NHSH) subsidiary, Mineseeker Operations Overseas Limited ("Mineseeker"), the BVI-based land mine detection company, has released images of suspected land mines buried beneath the surface. These images have been incorporated into a brief video presentation, a link to which has been provided at the conclusion of this update.
Mineseeker deployed the technology in Croatia in late 2010 for an industry demonstration and has, for the first time, released a sample of processed data that clearly shows remarkable images of subsurface objects.
The technology uses ground penetrating synthetic aperture radar (GPSAR) to detect suspicious objects beneath the surface and then fuses that technology with a photo-mosaic image to precisely map the location of buried objects for use by teams of land mine removal technicians who clear the terrain.
Using this breakthrough technology will dramatically reduce the cost and time it takes to clear minefields. Using painstaking traditional techniques, clearing a single square mile requires thousands of man-hours at a cost of several million dollars and involves considerable risk to the lives of the clearance teams.
Mineseeker's technology is not only safer and faster, but it comes at a fraction of the cost: all of which means that huge tracts of former war-zone land can now be cost-effectively cleared, re-inhabited and put back to work.
The Mineseeker product is developed from data captured by multiple sensors flown on-board a Robinson 44 helicopter, which can survey as much as five square kilometres per day of terrain designated as "land-mined."
Notes:
Land mines represent a massive, man-made disaster in post conflict areas that kill or maim civilians every day in over 70 countries. Mines also have a devastating effect on the economy of the countries affected as those areas designated as "land-mined" cannot be used commercially, residentially or for the production of food crops.
The United Nations estimates that there are as many as 100 million landmines buried beneath the surface of the earth and as much as 500 thousand square miles of land is affected. Someone -- usually a woman or child -- steps on a landmine every 19 minutes, crippling, maiming or killing these innocent victims.
It is estimated that, without new technology, it would take 500 years to rid the planet of existing land mines at a cost of $50 billion. The biggest piece of that cost is the laborious task of searching for the buried objects. Using a crude hand-held prodder, a single mine operative can clear only 400 square feet per day. As a result clearing one square mile of land can cost at least $1.5 million. In fact The Land Monitor organisation stated that in 2010, $637 million was spent on clearing just 77 square miles -- an astonishing $8 million per square mile!
Ironically, estimates are that 95% of the land searched by land mine operatives does not actually contain mines, however until this is verified just the threat of their presence is enough to prohibit use of the land.
Mineseeker will be able to survey the land at a rate of up to 2 square miles per day at a fraction of the cost and time it takes for traditional landmine clearance. The method employed is to survey the land, locate and ring fence the minefields and immediately release uncontaminated land back to the community for productive use. Once a minefield is located, Mineseeker will produce multi-layer maps, showing the location of the mines so that clearance companies can remove them quickly and safely.
The Mineseeker project began 10 years ago with the formation of the Mineseeker Foundation. It tested the ground penetrating synthetic aperture radar (GPSAR) in Kosovo. However the equipment was heavy and had to be carried on an airship (Blimp) which was a vibration free platform. The cost was prohibitive, so Mineseeker formed a for-profit arm to raise finance in order to fund the deployment of a miniaturized system which now forms part of the company's multi-spectral imaging radar (MIR™).
The Mineseeker Foundation (www.mineseeker.org), whose founding Patron was Nelson Mandela, is now focussed exclusively on providing land mine victim assistance.
The video presentation detailing the images and sample results from the Croatia trial can be found at:
Safe Harbor Statement This release contains forward-looking statements that relate to future events or performance. These statements reflect the company's current expectations and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. The company does not undertake to update or revise these forward-looking statements, even if experience or future changes make it clear that any projected results expressed or implied in this or other company statements will not be realized. Furthermore, readers are cautioned that these statements involve risks and uncertainties, many of which are beyond the company's control, which could cause actual results to differ materially from the forward-looking statements. Factors that could cause these differences include, but are not limited to, the acceptance of our products, lack of revenue growth, failure to realize profitability, inability to raise capital and market conditions that negatively affect the market price of our common stock. The Company disclaims any responsibility to update any forward-looking statements.
Joey-boy Canous4e also tried to get Mike Kendrick to do the same thing with him and Dean at Trophy Resources!!!
Here is an e-mail from Mike...
From: Mike Kendrick <MKendrick@mineseeker.com> Add to Contacts To: xxx xxx<xxx.xxx@xxx.xxx> Hi xxx, please forgive me for not fully replying but rather attaching a copy of a not to two other QASP shareholders. I hope this is OK . If you have any further question, feel free to ask.
Disclaimer - June 27, 2011 This email and any files transmitted with it are confidential and intended solely for xxx. If you are not the named addressee you should not disseminate, distribute, copy or alter this email. Any views or opinions presented in this email are solely those of the author and might not represent those of . Warning: Although has taken reasonable precautions to ensure no viruses are present in this email, the company cannot accept responsibility for any loss or damage arising from the use of this email or attachments. From: Mike Kendrick Sent: 27 June 2011 17:28 To: 'xxx' Cc: 'xxx' Subject: Update
Hi xxx, I have given some thought to your predicament and felt it about time you had an explanation. I have also copied this to xxx, given his email to me of today. Regards,
Dear xxx,
Thank you for the reply. I do understand your position and I have tried to help and accommodate the QASP shareholders. Let me explain how. Firstly, you must understand that we were let down very badly by QASP. They stopped the agreed funding, suddenly and without notice, at a critical time in our programme. This caused enormous damage to our progress – right in the middle of our Croatia demonstration. On top of that disappointment, some of the QASP shareholders were making libellous claims against us on a public forum. Others were contacting the Croatian authorities to check on our bonifides and not believing we were even in Croatia. One contacted the company of our partner, who passed away suddenly on the basis that we may have made up that story. Incredibly distasteful and unprofessional. So, at that point, I think you will understand why we wanted nothing to do with QASP. We were being slandered and QASP had reneged on the deal. The contract states quite clearly that the payments were non returnable options. It then became apparent that Joe Canouse may sue Mineseeker for the $1.7 million that QASP had paid to Mineseeker. In fairness to Joe, he told us he had not seen the agreements and knew of no non-returnable options. We sent Joe copies of the documents two weeks ago and on the 17th of June he acknowledged that he had not seen them before and that they ‘ shed light on your perspective’. Joe's claims were further complicated by Dean Bradley who has written to the Mineseeker stating that much of the cash advanced, came from him personally, not from QASP. The stated that the QASP books did not show any money due from Mineseeker and that we owned him the money. The statement that no debt by Mineseeker was in the books came at a time when Dean was, undisputedly ( I think) the president of QASP.
However, Jeff DiGenova, argued long and hard for the QASP shareholders, stating that many had lost money – some their life savings- and some had only invested as they believed in Mineseeker. This persuaded me that we should take another look at this situation and I offered QASP 4% of common stock in our public entity. The sequence of events was as follows; We received several offers to merge with Trophy, from Dean Bradley who explained that he and Joe Canuse owned the company (Trophy) and they would like to work with us. We met Joe Canuse, Dean Bradley and Donna Virgil during our most recent visit to Jacksonville. I agreed to this meeting on the basis that QASP would not be discussed. We were only listening to an offer from Trophy. We took the details of this offer to our legal counsel who, like ourselves, questioned the legality and ethics of the proposed arrangement. Joe wrote to us formally with this offer which we rejected. We were surprised that these confidential conversations and proposed agreements were emailed to other parties. The details of that breach are being held for future action, if and when necessary. We made an in good faith offer to QASP, via Joe on the above described 4% of common stock. I assume Joe put this to the QASP shareholders. He did not reply to us formally, although he informed by telephone that it was of no interest. We wrote back to him informing him that the offer was open until 21st of June. We received no response and the offer lapsed.
It seems to me that a section of QASP shareholders are determined, at all cost, to spoil any attempt by NHSH to make a deal with Mineseeker, although, the arrangement would obviously be to the advantage of most . Now, an attack on Dan DiGenova, a young man making his way in life, is subjected to vicious rumours and attacks on his personal integrity. I can tell you that we consider Dan to be a fine young man and our DD would have quickly picked up any questionable behaviour on his part. We have received the shareholders registry related documents and will have warrants to support them. The accusation is obviously false and is simply designed to cause damage to the main body of QASP shareholders, while benefiting one or two. As far as the accusations against Mineseeker and me personally, we are in the process of subpoenaing a website, Investors Hub, to identify the perpetrators of many false and malicious statements. I am not in the habit of writing long diatribes but felt this story should be set on record.
Please feel free to post this anywhere you wish. I would be happy to respond to any sensible questions.
Mike Kendrick Founder.
The Mineseeker Foundation. The Control Tower. Wolverhampton Business Airport. Bobbington. Stourbridge. DY7 5DY T. 01384 904020. M. 07802 395969 www.mineseeker.org. www.mineseeker.com. www.thesoleofarica.za.org
Share Friday, October 07, 2011 6:23:53 PM Re: doughboy2 post# 242095 Post # of 248941 Shareholder Notice:
Joe C wants everyone's attention diverted to others but never lose your focus on Joe, because if you do, you will be toast. Just follow the timeline of one Joe Canouse.
He introduced Dean O Bradley, whom he prominently displayed as a reference on his Stink Pink website, to Marty Zell and Bert Watson Jr to facilitate the Quasar/EQUS merger. Joe knew Dean prior to this deal and had lent Dean money for his business. You think Joe lent anyone any money without knowing everything about them and their business? For his handiwork in this merger, Joe was supposed to get 5% of a Preferred class of stock that would convert into 5% of the company. Dean through his incompetence screwed this Master plan of Joe's up. And for those that don't think this is Joe's plan, just look at the same recipe from his other POS's.
During this reign of terror, Joe, his wife Aron Brooks, and brother-in-law Scott Martin, had their hands all over this company. Joe did multiple debt wraps while Scott did IR work for Dean. And don't forget, Joe's wife, his partner in Stink Pink, was filing all those financials and initial disclosure statements for Dean. Those fins and statements are very telling because Joe knew from his prior dealings with Dean that Dean was just a con man, but Joe saw an opportunity to sell the story and alot of cheap paper. And Joe took every chance he could to get that paper, several hundred thousand dollars worth of 504 debt(just imagine the price on those), debt wraps based on debt from 2007-08(yet the initial disclosure statement from his wife stated in 2007-08 Quasar was a start up and had little to no operations and therefore little or no debt), and who knows how many convertible notes? Joe and his co-horts have made a killing here, but do not rest or blink, because Joe C is not done, he wants every last penny.
January 2011, Joe voted non-voting shares to take over a publicly traded company, Quasar, along with the shares controlled by his good buddy, Dean Bradley. Dean's shares were supposedly in a trust controlled by no other than Scott Martin. The boys were back in town. Now when they voted to take over, they also authorized massive dilution to be followed by an R/S. They dumped what they could and now have PR'd their next ingenious move, a 1000-1 R/S. That simply means that common shareholders who have paid well over $20,000,000 for stock dumped by Joe and his partner, are now thrown out of the company so they can recruit a new batch of sheople.
Joe believes he is above the law and uses all kinds of misdirection to cover his tracks. It was Dean, it was Jeff, it was everyone but Joe "I don't know nothing" Canouse's fault. Yet, who is left in charge? Joe Canouse, Dean Bradley, Joshua Henderson, and Scott martin. These four control shares that supposedly own 85.7% of the company. Joe will never go after Dean because that would expose this fraud from day one and Joe would not only be out also, but he would be held accountable for all his actions. Trouble is, it is too late for him to save this rat ship but he will fight till the end.
Anyone that champions this man or congratulates him for anything should reread the above. Joe has booted you to the curb and shown you your value here. Now it is beyond disgusting that he would use his peep to offer a warrant tho. I guess now that it is apparent that the common shareholders have no value to Joe, if you want to buy back in via a warrant and trust Joe and his dream team that "own"85.7% of this POS, then they will find a very small place in the corner for you. Just don't ask any questions or for a return, because the commons are just here to pay Joe's way.
And who got those 7 million shares? Was it the 7 million share people? Was it the people that got those 7 million shares? Was it 7 Miilion people that got one share?
Dehydratedman sez who gotz da shares???
Now that this company has A-cent Skool of Flying Mashines I think we all gotz to know where did dem dare shares go?
After all...it's seven million shares we are talking about!!!
Who has the list about the seven million shares? Dehydratedman will get to the truth!! Dehydratedman always seeks the truth...especially WRT the seven million shares!!!
Dats right Dehydratedman sez he is the seeker of the truth in regards to the seven million shares...is there a list somewhere?
Memo to follow soon
This makes my head hurt!!!
GeneO (aka...."Truth-seeker" in respect to the 7 million shares)
That question would be better directed at Joe. He's the one who says he has enough on him to put him there, yet is offering him 120k instead...
I think Joe's answer would only be as honest as the man himself...not very IMO
I think it is because there are in cahoots together....right from the start....
Don't forget the agreement between the two for Trophy Resources...which is the where they tried to convince Mike to bring MS with them and make up employment debt...http://www.mediafire.com/?vq02rbm4hynb6au <---This Stock Purchase Agreement between Dean Bradley and Joe Canouse speaks for itself!!!
Remember that Dean was one of Joe's biggest promoters...check out the third reference on Joe's website!!!
The deposition will not be limited to two hours like the last one and is essential in demonstrating the deliberate diversion of an asset of Quasar by its acting CEO and co-conspirators to be named in a later action.
How about that...I guess James Ray and Donnell Vigil are on that list! Weren't you and Donnell holding hands on the last few Conference Calls Joe?
When will you realize that Joe Canouse is a crook and a thug?
Joe Canouse cannot increase the shareholder value in QASP in a regular business manner, such as running Quasar as a profitable business, so the thug is continually suing, threatening to sue or thinking about suing someone....all in the name of the shareholders of Quasar. How do we know this? The fact that he spends all his time on stock message boards, or coaching people to post on stock message boards is evident enough...no? Why doesn't he get the flight school going? Why doesn't he fix more planes? Why isn't A-Cent making the shareholders....myself included...tons of money? Well, again....his entire focus is getting people to fold under pressure of a bully...
A person who is running a business in another country is not going to drop anything for Joe Canouse...but perhaps he may be available at sometime and Joe, his lawyer, and a court reporter maybe able to fly to Jolly ole England for a question and answer period.
I am not a lawyer, nor do I pretend to be....but I'm sure people do not have to drop life on the whim of frivolous law suits.
...and that is what Joe is hoping for...more stupid people to believe that he is out there for the QASP Common Shareholder....
He can sell them Warrants, Cheap Shares on the side, smuggled Eastern European dancers...whatever people will believe.
I tried to convince Mike K to merge with him into Trophy Resources and he could back-date employment in order to sell shares.
The one thing that Joe never suspected was that Mike is honourable and has morals.
From: Dean Bradley Sent: 15 July 2011 17:02 To: Mike Kendrick Subject:
The back dating of the employment agreements was a bad idea, but there was other debt that could have been converted. The whole deal went South when Joe tried to do a deal with you with Trophy behind my back. D
Dean Bradley, Chairman & CEO McKenzie Capital Corporation Cel: 904-228-3031
--- On Fri, 7/15/11, Mike Kendrick < > wrote:
From: Mike Kendrick < Subject: RE To: "Dean Bradley" < Date: Friday, July 15, 2011, 11:25 AM
Dean, what plan are you referring too? The only plan offered involved backdating the employment contracts to show debt. I think that is fraudulent. Don’t you agree? Obviously we could not get involved in such a scheme.
It was an impossible deal for other reasons too.
From: Mike Kendrick Sent: 27 June 2011 17:28 To: 'xxx' Cc: 'xxx' Subject: Update
Hi xxx, I have given some thought to your predicament and felt it about time you had an explanation. I have also copied this to xxx, given his email to me of today. Regards,
Dear xxx,
Thank you for the reply. I do understand your position and I have tried to help and accommodate the QASP shareholders. Let me explain how. Firstly, you must understand that we were let down very badly by QASP. They stopped the agreed funding, suddenly and without notice, at a critical time in our programme. This caused enormous damage to our progress – right in the middle of our Croatia demonstration. On top of that disappointment, some of the QASP shareholders were making libellous claims against us on a public forum. Others were contacting the Croatian authorities to check on our bonifides and not believing we were even in Croatia. One contacted the company of our partner, who passed away suddenly on the basis that we may have made up that story. Incredibly distasteful and unprofessional. So, at that point, I think you will understand why we wanted nothing to do with QASP. We were being slandered and QASP had reneged on the deal. The contract states quite clearly that the payments were non returnable options. It then became apparent that Joe Canouse may sue Mineseeker for the $1.7 million that QASP had paid to Mineseeker. In fairness to Joe, he told us he had not seen the agreements and knew of no non-returnable options. We sent Joe copies of the documents two weeks ago and on the 17th of June he acknowledged that he had not seen them before and that they ‘ shed light on your perspective’. Joe's claims were further complicated by Dean Bradley who has written to the Mineseeker stating that much of the cash advanced, came from him personally, not from QASP. The stated that the QASP books did not show any money due from Mineseeker and that we owned him the money. The statement that no debt by Mineseeker was in the books came at a time when Dean was, undisputedly ( I think) the president of QASP.
However, Jeff DiGenova, argued long and hard for the QASP shareholders, stating that many had lost money – some their life savings- and some had only invested as they believed in Mineseeker. This persuaded me that we should take another look at this situation and I offered QASP 4% of common stock in our public entity. The sequence of events was as follows; We received several offers to merge with Trophy, from Dean Bradley who explained that he and Joe Canuse owned the company (Trophy) and they would like to work with us. We met Joe Canuse, Dean Bradley and Donna Virgil during our most recent visit to Jacksonville. I agreed to this meeting on the basis that QASP would not be discussed. We were only listening to an offer from Trophy. We took the details of this offer to our legal counsel who, like ourselves, questioned the legality and ethics of the proposed arrangement. Joe wrote to us formally with this offer which we rejected. We were surprised that these confidential conversations and proposed agreements were emailed to other parties. The details of that breach are being held for future action, if and when necessary. We made an in good faith offer to QASP, via Joe on the above described 4% of common stock. I assume Joe put this to the QASP shareholders. He did not reply to us formally, although he informed by telephone that it was of no interest. We wrote back to him informing him that the offer was open until 21st of June. We received no response and the offer lapsed.
It seems to me that a section of QASP shareholders are determined, at all cost, to spoil any attempt by NHSH to make a deal with Mineseeker, although, the arrangement would obviously be to the advantage of most . Now, an attack on Dan DiGenova, a young man making his way in life, is subjected to vicious rumours and attacks on his personal integrity. I can tell you that we consider Dan to be a fine young man and our DD would have quickly picked up any questionable behaviour on his part. We have received the shareholders registry related documents and will have warrants to support them. The accusation is obviously false and is simply designed to cause damage to the main body of QASP shareholders, while benefiting one or two. As far as the accusations against Mineseeker and me personally, we are in the process of subpoenaing a website, Investors Hub, to identify the perpetrators of many false and malicious statements. I am not in the habit of writing long diatribes but felt this story should be set on record.
Please feel free to post this anywhere you wish. I would be happy to respond to any sensible questions.
Mike Kendrick Founder.
The Mineseeker Foundation. The Control Tower. Wolverhampton Business Airport. Bobbington. Stourbridge. DY7 5DY T. 01384 904020. M. 07802 395969 www.mineseeker.org. www.mineseeker.com. www.thesoleofarica.za.org
The sequence of events was as follows; We received several offers to merge with Trophy, from Dean Bradley who explained that he and Joe Canuse owned the company (Trophy) and they would like to work with us. We met Joe Canuse, Dean Bradley and Donna Virgil during our most recent visit to Jacksonville. I agreed to this meeting on the basis that QASP would not be discussed. We were only listening to an offer from Trophy. We took the details of this offer to our legal counsel who, like ourselves, questioned the legality and ethics of the proposed arrangement. Joe wrote to us formally with this offer which we rejected. We were surprised that these confidential conversations and proposed agreements were emailed to other parties. The details of that breach are being held for future action, if and when necessary. We made an in good faith offer to QASP, via Joe on the above described 4% of common stock. I assume Joe put this to the QASP shareholders. He did not reply to us formally, although he informed by telephone that it was of no interest. We wrote back to him informing him that the offer was open until 21st of June. We received no response and the offer lapsed.
Joe is a thug/school yard bully. He will push and push until someone gives him some money to go away! And most of the "pushing" is in the form of suing people/companies...check his litigation history!!!
Here is a little tid-bit of Joe Con-us and his merry gang.....
catdaddyrt Member Profile catdaddyrt Member Level
Share Wednesday, February 15, 2012 1:35:40 PM Re: jwez post# 248270 Post # of 248277 the canouse family is organized pink sheet scam artists- imho all of them - plenty of info out there on them - most of the people that back them do it for a cut -no one in there right mind would invest in a company they are involved in - Joe hid under a rock for a long time on this one -had it been known he was here from the start the 20mm he and dean stole would have never happened -I would steer clear of that one you are looking at if I was you
one of many lawsuits -and I do mean many Wellington, LLC.
On April 9, 2001, we were named as a defendant in a lawsuit styled Wellington, LLC vs. Hyperdynamics Corporation et al. Civil Action# 18811-NC, The Court of Chancery of Delaware.
The Plaintiff claims that we did not carry out conversion of Series A preferred stock to common stock. On August 9, 2002 Plaintiff, Defendant, and their respective counsels executed an "Agreement for Transfer of Claims in Delaware Action to Georgia. Subsequently, the lawsuit was moved in its entirety to Atlanta, Georgia to be litigated under the lawsuit discussed below. Under the agreement, the Plaintiff in the Delaware action, Wellington, LLC. would become the Defendant in Atlanta. During the fiscal year ended June 30, 2004, the Court of Chancery of Delaware dismissed the Delaware case.
On November 5, 2001, we filed a lawsuit styled Hyperdynamics Corporation, Plaintiff, v. J.P. Carey Securities, Inc., J.P. Carey Asset Management LLC, Joseph C. Canouse, John C. Canouse, James P. Canouse, Jeffrey Canouse, Southridge Capital Management LLC, Stephen Hicks a/k/a Steve Hicks, Thomson Kernaghan & Co., Limited, Mark Valentine, Talya Davies, Cache Capital (USA), L.P., Carpe Diem, Carpe Diem LTD., Wellington, LLC, Minglewood Capital, LLC, Falcon Securities, LTD, Navigator Management LTD., David Sims, and Citco Trustees (Cayman) Limited, Defendants; and Wellington LLC, Counterclaim/Third-Party Plaintiff, v. Hyperdynamics Corporation, a Delaware corporation, Kent Watts, Michael Watts, Robert Hill, Harry J. Briers, DJX, Ltd., a Belize corporation, and Does 1-10, Counterclaim/Third-Party Defendants, Civil Action File No. 2001CV44988, In The Superior Court of Fulton County, State of Georgia. We filed our First Amended Complaint against Defendants on September 12, 2002 in which we presented thirteen counts for Causes of Action against defendants including "Violations of Georgia Racketeer Influenced and Corrupt Organizations" (RICO) Act (O.C.G.A. SS 16-14-1, ET SEO).
We believe that more than one of the Defendants worked together to create the appearance of providing initial long term financing ($3,000,000) and additional financing commitments (up to additional $5,000,000), all from reputable sources, while the Defendants' real plan was to manipulate our stock through contractually prohibited short selling and multiple breaches of the contractually agreed to selling covenants.
We are subject to counterclaims in this Georgia litigation. The counterclaimants allege that Hyperdynamics and its Officers and Directors breached their fiduciary duties to shareholders and committed other tortuous acts. We intend to continue to vigorously pursue damages and defend all counterclaims. Discovery is being primarily focused on jurisdictional issues at this time. During the litigation we have made numerous claims of discovery abuse resulting in certain defendants and defense attorneys involved being sanctioned by the court. They have filed for sanctions against us as well. The court dismissed all non-Georgia defendants. We have filed a notice of appeal of that ruling.
The Georgia Court of Appeals rejected our appeal of the trial court's order dismissing the non-Georgia defendants because it was not a "final order," though it was in effect as to the dismissed defendants. The Court of Appeals' action returned the case to the trial court where a Motion for Reconsideration was filed due to a dramatic change in the law of personal jurisdiction in Georgia. (See Innovative Clinical & Consulting v. First National Bank of Ames, 279 Ga. 672 (2005).) That Motion is still pending and all activity in the case is halted until the trial court rules.
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Wellington, LLC.
On April 9, 2001, we were named as a defendant in a lawsuit styled Wellington, LLC vs. Hyperdynamics Corporation et al. Civil Action# 18811-NC, The Court of Chancery of Delaware.
The Plaintiff claims that we did not carry out conversion of Series A preferred stock to common stock. On August 9, 2002 Plaintiff, Defendant, and their respective counsels executed an "Agreement for Transfer of Claims in Delaware Action to Georgia. Subsequently, the lawsuit was moved in its entirety to Atlanta, Georgia to be litigated under the lawsuit discussed below. Under the agreement, the Plaintiff in the Delaware action, Wellington, LLC. would become the Defendant in Atlanta. During the fiscal year ended June 30, 2004, the Court of Chancery of Delaware dismissed the Delaware case.
On November 5, 2001, we filed a lawsuit styled Hyperdynamics Corporation, Plaintiff, v. J.P. Carey Securities, Inc., J.P. Carey Asset Management LLC, Joseph C. Canouse, John C. Canouse, James P. Canouse, Jeffrey Canouse, Southridge Capital Management LLC, Stephen Hicks a/k/a Steve Hicks, Thomson Kernaghan & Co., Limited, Mark Valentine, Talya Davies, Cache Capital (USA), L.P., Carpe Diem, Carpe Diem LTD., Wellington, LLC, Minglewood Capital, LLC, Falcon Securities, LTD, Navigator Management LTD., David Sims, and Citco Trustees (Cayman) Limited, Defendants; and Wellington LLC, Counterclaim/Third-Party Plaintiff, v. Hyperdynamics Corporation, a Delaware corporation, Kent Watts, Michael Watts, Robert Hill, Harry J. Briers, DJX, Ltd., a Belize corporation, and Does 1-10, Counterclaim/Third-Party Defendants, Civil Action File No. 2001CV44988, In The Superior Court of Fulton County, State of Georgia.
We filed our First Amended Complaint against Defendants on September 12, 2002 in which we presented thirteen counts for Causes of Action against defendants including "Violations of Georgia Racketeer Influenced and Corrupt Organizations" (RICO) Act (O.C.G.A. SS 16-14-1, ET SEO).
We believe that more than one of the Defendants worked together to create the appearance of providing initial long term financing ($3,000,000) and additional financing commitments (up to additional $5,000,000), all from reputable sources, while the Defendants' real plan was to manipulate our stock through contractually prohibited short selling and multiple breaches of the contractually agreed to selling covenants.
We are subject to counterclaims in this Georgia litigation. The counterclaimants allege that Hyperdynamics and its Officers and Directors breached their fiduciary duties to shareholders and committed other tortuous acts. We intend to continue to vigorously pursue damages and defend all counterclaims. Discovery is being primarily focused on jurisdictional issues at this time. During the litigation we have made numerous claims of discovery abuse resulting in certain defendants and defense attorneys involved being sanctioned by the court. They have filed for sanctions against us as well. The court dismissed all non-Georgia defendants. We have filed a notice of appeal of that ruling.
The Georgia Court of Appeals rejected our appeal of the trial court's order dismissing the non-Georgia defendants because it was not a "final order," though it was in effect as to the dismissed defendants. The Court of Appeals' action returned the case to the trial court where a Motion for Reconsideration was filed due to a dramatic change in the law of personal jurisdiction in Georgia. (See Innovative Clinical & Consulting v. First National Bank of Ames, 279 Ga. 672 (2005).) That Motion is still pending and all activity in the case is halted until the trial court rules.
If you want to buy the stock buy it...you don't want to don't. I hold shares in it....
The post you replied to was about the official TA's numbers and constant posts about other people's calculations bordering OFF TOPIC...you can make up any share count you want...doesn't mean it's accurate.
Joe Canouse will do anything as a thug in order to extract money from anyone. He met with Mike K. and his people and tried to put them into Trophy Resources, a company that he owns, and told them they could create debt and sell shares on it. Why don't you put that out there?
Just because Joe Canouse found some people that will not bend to his demands for money to go away doesn't make Joe Canouse a noble person.
A board that allows only positive reinforcement reeks of a pump with no substance behind it
You mean that the official share numbers from the Transfer Agent is just positive reinforcement? Posting the actual numbers from the TA reeks of a pump to you?
What does it mean to you when non-official numbers of shares are posted? I'd like to hear that answer....or is it a non-problem????
What must be really tiring is a CEO from a PINK SHEET company having to spend so much of his time on a stock message board trying fill investors/potential investors mind with FUD and not facts.
A CEO who is also a toxic Financier who no doubtfully, is planning his next scheme unbeknown to a business owner.
A CEO who captain of the Good Ship Quasar (aka Battleship Quasar) who has to give orders to all his shipmates to also help spread FUD, which in his mind, is the lifeboats to his sinking ship!
I am tired just writing that...I don't know how the heck he does it!!!! AMAZING MAN!!!!
You mean like the facts that got posted last night? http://www.mediafire.com/?hok2h4f9vhds0ed You never have anything meaningful to state when facts are brought to light...why is that? (That is rhetorical ... I know the answer!!!)
I am sure Joe had knowledge of all of the happenings of Quasar...but in Joe's words...
so what?
Joe is an untouchable in Joe's mind, his wife is an untouchable, his bother-in-law is an untouchable...
Joe made millions and didn't know a thing that was going on.
Joe and his disciples just continue to spin all facts that have been presented to say, "I know nutt'n", "The devil made me do it!", "It was Dean's fault." Blah, Blah, Blah....
Why don't you just come clean and tell the real story from square one Joe? Don't forget to include the meeting you had with Mike K and the boys from England when you tried to put MS into your company Trophy Resources and told them that they bate-date employment contracts to make heaps of scratch....
So on March 17, 2009 an agreement is signed. On May 19, 2009 Joe's wife uploads the
STOCK PURCHASE AGREEMENT AND SHARE EXCHANGE by and among EQUUS RESOURCES, INC. a Colorado Corporation; and QUASAR AEROSPACE INDUSTRIES, INC. a Delaware Corporation;
on Pink Sheets but has the foresight to eliminate her husband's (that's you Joe) company name out of the agreement? Did you know about this Joe? Was this a typo? Can you call a deletion from an upload of company documents on Pink Sheets...a typo? Did you know about this Joe?
I bet as CEO of Quasar Aerospace...you will be yelling at somebody in Georgia tonight!!!!
If he is in total control...why did the judge invalidate the 995,000 Preferred A Shares that he created out of thin air for himself and his team?
http://ih.advfn.com/p.php?pid=nmona&article=50259893 Quasar is pleased to announce it has by unanimous consent of the full board issued nine hundred and ninety-five thousand (995,000) Series A Preferred shares to various members of the management and board in consideration of past contributions and continued services at a board meeting held on November 29, 2011. While these shares dilute the current holders of the Series A class, they do not dilute the common shareholders.
A vote for the commons is what JC wanted
A shareholder vote is what the judge said had to happen.
I count roughly four shareholders here in Joe's pocket...are there more?
Share Wednesday, December 14, 2011 10:29:22 PM Re: bulldogs21 post# 245147 Post # of 245167 Joe Canouse's RS is CANCELLED as well because once again he does not have the authority to order one. This can lead to personal liabilities on JC's end where damages can be sought...
I like this idea...once JC is out on his ear....maybe the shareholders can get some of their money back from Joey...through legal channels!!!
Share Sunday, December 11, 2011 12:31:19 AM Re: texkengold post# 244733 Post # of 245164 Wasn't Joe compensated in shares for being the consultant on the merger. Wasn't Joe aware that no contractual obligations existed. Didn't Joe tell Mike Kendrick in a meeting in Jacksonville that he and Dean backdated the employee agreements to create debt and he could do the same for them?
I can put up a FEW MORE DOCS if necessary to prove my point!
Share Saturday, December 10, 2011 10:35:58 PM Re: cookstove12 post# 244719 Post # of 245163 You mean facts like this? https://viewer.zoho.com/docs/yOTth
Here's the one where Joe got 26 million shares at .006 when the stock was trading at two cent. Joe made a 3 bagger on 164K which equates into about 325,000 profit. And now he's just a poor creditor who needs his money back.
As soon as everyone pulls the wool back from their eyes, they will see it for exactly what it is. This was Joes play from the very beginning. Yes Dean was the public con man
Share Saturday, December 10, 2011 10:06:42 PM Re: texkengold post# 244713 Post # of 245159
Quote:just trying to get a confirm or deny by you
Any opinion on the recent docs that have come out proving that Joe did debt wraps based on accrued wages?
I'll post another one if you need to see it. It shows where Joe paid Dean 164K and got 26+ million shares at .006 when the stock was trading at .02
texkengold Member Profile texkengold
Share Saturday, December 10, 2011 10:46:12 PM Re: qasp4ever post# 244717 Post # of 245159 sure, in my humble opinion..... tex sees not a thing wrong. maybe im 'dumber than dirt', so you tell me. what is wrong here?
and why are you posting all these old docs?
all the docs that tex has seen seem to be in order? havent seen one out of order doc.
these docs have joe and deans name on them, plus some other folks names.
are you saying these docs are illegal? if so, which docs are illegal. tex read page 12..... it is what it is seems to be a investor transaction. nothing dirty or underhanded.
So, go ask joe about any debt wrap on accrued wages. get back to me on his answer or opinion.
joe is a investor.
whats the big deal?
are you trying to say joe misspoke about something.
heck I do that at least once every day. texkengold@yahoo.com jmho
plus anyone else involved in the colluded vile way to hold commonshareholders so folks could fill their pockets. yup, tex remembers all that, sir.
REMEMBER THIS TEX???
qasp4ever Member Profile qasp4ever
Share Friday, December 09, 2011 11:42:25 PM Re: doughboy2 post# 244617 Post # of 245158 You mean docs like this? The ones that show Joe and his brother getting shares at .001 when the stock was in the 5-6 cent range.
Let's see here. $5000.00 for 5 millon shares while the stock was trading at .05-.06.
Even if he averaged .04 out of those he still made 200 grand on a 5 grand investment.
hold commonshareholders so folks could fill their pockets.
You are reaching Tex...as in around....be careful...
qasp4ever Member Profile qasp4ever
Share Friday, December 09, 2011 9:47:39 PM Re: Anvil post# 244573 Post # of 245157 Oh Really! Take a look at page 5. I'll wait on your response. This should be interesting.
Remember Anvil, There's usually only one truth!
https://viewer.zoho.com/docs/aYuby
It specifically states that the wrap was done on accrued wages.
Now, you post the equis merger agreement where it plainly states that no employment contracts exist.
Looks like Mike was telling the truth when he said they back dated the employment contracts to create debt for Joe!
This "Jeffster" has north of 20 million shares...well north...and none of them bought at .000's...
These shares will not be backing that "sleeze-ball", Joey Canouse!!! (I was being nice to JC because of the Christmas season upon us!!!)
tom favata Member Profile tom favata Member Level
Share Wednesday, December 14, 2011 1:43:40 PM Re: iwondertoo post# 245093 Post # of 245143 The 995000 that were newly issued were cancelled as JC did not have the authority to create them.
7. Any other advisor(s) that assisted, advised, prepared or provided information with respect to this disclosure statement - the information shall include the telephone number and email address of each advisor. Aron Canouse Think Pink, LLC 3440 Preston Ridge Rd. Suite 600 Alpharetta, GA 30022 (866)770-0006 Aron@thinkpinkllc.com
What did his wife do? Clean Joe's mirror on Nov. 30 for the meeting he had the day before?
I wonder if the BOD thought that her cleaning skills constituted 500,000 shares of Series A Preferred shares.
The problem is that Joey-Boy cannot back date the Colorado SOS website. If he makes changes today, tomorrow or the next day the date will be the date at the time of the change and NOT the date that Joey-Boy wants people to believe.
He PR'd that
Quasar is pleased to announce it has by unanimous consent of the full board issued nine hundred and ninety-five thousand (995,000) Series A Preferred shares to various members of the management and board in consideration of past contributions and continued services at a board meeting held on November 29, 2011.
Joey-Boy is a THUG and a SCAM ARTIST....wonder what he promised all his pen pals?
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